Oregon Statutes - Chapter 293 - Administration of Public Funds
- 293.075 Encumbrances; rules.
The Oregon Department of Administrative Services may adopt rules and regulations defining “encumbrances” as used in ORS chapters 291, 292 and 293 and the manner...
- 293.090 Disposition of gift, devise or bequest to state or state agency.
All property given, devised or bequeathed to the State of Oregon or to any state agency as defined in ORS 293.235 shall belong to the...
- 293.095 Effect of change in organization of state agencies on gifts, devises and bequests.
The state may abolish agencies, change or transfer agency functions or rename any state agency. Notwithstanding any such action, property acquired by the state through...
- 293.105 General Fund.
Subject to ORS 293.115, the following moneys shall be placed by the State Treasurer to the credit of and shall constitute the General Fund of...
- 293.110 Certain funds as part of General Fund.
(1) All payments of money into the State Treasury by virtue of any statute providing for, creating, authorizing or continuing any of the funds and...
- 293.115 Moneys separate and distinct from General Fund.
The following moneys shall be separate and distinct from the General Fund: (1) Moneys paid into the State Treasury for fiduciary purposes and moneys that...
- 293.117 Trust fund; continuous appropriation.
(1) Moneys in a trust fund that are not otherwise appropriated by law are continuously appropriated to the agency that administers the trust in order...
- 293.120 [Formerly 291.358; repealed by 2003 c.81 §14]
- 293.125 Department to make accounting entries and charge claims against special dedicated funds.
The Oregon Department of Administrative Services shall, by appropriate entries made at monthly periods, credit the several objects with the amounts which may be received...
- 293.130 Information required on records of moneys deposited.
The State Treasurer shall enter upon all records created by the State Treasurer for moneys paid into the State Treasury such necessary information as shall:...
- 293.135 Payment of warrants against certain special funds.
All warrants issued against any special fund that is a part of the General Fund hereby are made payable out of the General Fund. Such...
- 293.140 Disposition of interest on state funds.
Except as otherwise provided by law, all interest received on deposits of state funds shall accrue to and become a part of the General Fund....
- 293.144 Oregon Rainy Day Fund; use; interest.
(1) The Oregon Rainy Day Fund is established as an account in the General Fund. (2) The Legislative Assembly may appropriate moneys from the Oregon...
- 293.145 [Formerly 291.368; repealed by 1967 c.637 §37]
- 293.146 Transfer of moneys to Rainy Day Fund.
(1) As used in this section: (a) “Ending balance” means the difference between the amount of General Fund revenues collected during a biennium and the...
- 293.148 Cap on amount.
(1) If the moneys in the Oregon Rainy Day Fund established by ORS 293.144 just prior to the time of a transfer scheduled under ORS...
- 293.150 [Formerly 291.370; 1967 c.454 §101; repealed by 1967 c.637 §§37,38]
- 293.155 [Formerly 291.372; repealed by 1967 c.637 §37]
- 293.160 [Formerly 291.374; repealed by 1967 c.637 §37]
- 293.165 Borrowing to pay warrants against General Fund.
(1) If the moneys in the General Fund become exhausted, the State Treasurer shall borrow from the most advantageous sources the amounts necessary to pay...
- 293.167 Proceeding when warrants not paid for want of funds.
(1) For the purposes of this section: (a) Exhaustion of the General Fund has the meaning described in ORS 293.165 (2). (b) “Restricted fund” means...
- 293.169 Notification to agency to stop issuing checks or warrants or initiating electronic funds transfers; resumption of checks, warrants or electronic funds transfers.
(1) The State Treasurer may notify a state agency that it must stop issuing checks or warrants on, or initiating electronic funds transfers from, a...
- 293.170 [Formerly 291.380; 2003 c.81 §7; renumbered 293.167 in 2003]
- 293.171 State agency overdrafts; interest.
(1) If a check, warrant or demand for payment by electronic funds transfer is presented to the State Treasurer for payment and at the time...
- 293.173 [2002 s.s.1 c.1 §3; repealed by 2007 c.783 §234]
- 293.175 [2002 s.s.1 c.1 §4; 2007 c.783 §13; renumbered 286A.050 in 2007]
- 293.177 [2002 s.s.1 c.1 §5; 2007 c.783 §14; renumbered 286A.055 in 2007]
- 293.180 Agency petty cash fund.
(1) If the appropriation for an agency or the limitation on expenditures of an agency, as enacted by the Legislative Assembly, includes an amount for...
- 293.190 Reversion of appropriations to General Fund; cancellation of budget limitations; rules; exceptions; extensions.
(1) On December 31 in each odd-numbered year, all General Fund appropriation balances as recorded on the records of the Oregon Department of Administrative Services...
- 293.205 Definitions for ORS 293.205 to 293.225.
As used in ORS 293.205 to 293.225: (1) “Borrowing fund” means the fund to which money is initially transferred under ORS 293.210. (2) “Lending fund”...
- 293.210 Transfer and retransfer of money and credit among state funds.
If there is insufficient money to the credit of any fund in the State Treasury to pay the obligations against such fund and there is...
- 293.212 When transfers to funds with insufficient moneys are authorized.
(1) If the Department of Transportation determines that there is insufficient money in any of its funds to pay the obligations against that fund, the...
- 293.214 Lines of credit for state agency; duration; source of funding.
(1) Subject to the provisions of this section, a state agency may establish with the State Treasurer lines of credit for funds under its administration,...
- 293.215 Evidencing transfers and retransfers; notification of transfer.
(1) All transfers from lending to borrowing funds under ORS 293.210 shall be evidenced by proper bookkeeping accounts kept by the State Treasurer showing appropriate...
- 293.220 Interest on transferred moneys or credits.
All moneys or credits transferred under ORS 293.210 or 293.214 shall bear interest, until retransferred, at such rate not less than two percent per annum...
- 293.225 Construction of ORS 293.205 to 293.220.
ORS 293.205 to 293.220 shall not be construed as an appropriation Act and no appropriation made for any purpose shall be exceeded or increased by...
- 293.227 Definitions for ORS 293.227 to 293.233.
As used in ORS 293.227 to 293.233, unless the context requires otherwise: (1) “Payment” means a voluntary amount of money paid by a debtor to...
- 293.229 Liquidated and delinquent accounts of state agency; annual reports.
(1) Not later than October 1 of each fiscal year, each state agency shall submit a report to the Legislative Fiscal Office that describes the...
- 293.231 Collection of liquidated and delinquent accounts by private collection agency or Department of Revenue; rules; fee added to debt.
(1) Except as provided in subsections (4) to (9) of this section, a state agency, unless otherwise prohibited by law, shall offer for assignment every...
- 293.233 Exemption of accounts from assignment to private collection agency; rules.
(1) A state agency may use rules adopted by the Oregon Department of Administrative Services for exempting liquidated and delinquent accounts from assignment to a...
- 293.235 “State agency” defined for ORS 293.240 and 293.245.
As used in ORS 293.240 and 293.245, “state agency” means any state officer, board, commission, corporation, institution, department or other state organization having power to...
- 293.240 Writing off uncollectible debts due state agency.
(1) If a state agency has made all reasonable efforts to collect money owed to it, including money owed on a liquidated and delinquent account...
- 293.245 Subsequent collection of debt written off under ORS 293.240.
If a debt previously written off pursuant to ORS 293.240 subsequently becomes collectible, the state agency to which the money is owed shall proceed to...
- 293.250 Collections Unit; collection and disposition of amounts due state agencies or counties; setoff of sums due debtor; warrants.
(1) There is hereby created a Collections Unit in the Department of Revenue. (2) The Department of Revenue may render assistance in the collection of...
- 293.255 [Formerly 291.432; repealed by 1967 c.454 §119]
- 293.260 Collection of moneys and property due to state.
(1) Except as otherwise specifically provided by law, the Secretary of State shall require all persons who have received any moneys or property belonging to...
- 293.262 Requiring information regarding accounts; reference to legislature.
(1) The Secretary of State may require any person to answer orally or in writing, under oath or affirmation, as to any facts relating to...
- 293.265 Moneys collected to be turned over to State Treasurer; return of checks or money orders; maximum amount returned set by rule; effect of indorsement “paid in full.”
(1) It shall be the duty of the officer or other person or agent collecting, receiving, in possession of, or having the control of any...
- 293.270 Record of moneys deposited under ORS 293.265; interest.
(1) The State Treasurer shall create a record of the moneys deposited with the State Treasurer pursuant to ORS 293.265 and shall place all moneys...
- 293.275 Disbursement of moneys.
Disbursements of the moneys transferred or deposited pursuant to ORS 293.265 shall be made only on warrants issued in payment of authorized claims and expenses,...
- 293.280 Application of ORS 293.265 to 293.275.
Except as otherwise provided by law, ORS 293.265 to 293.275 do not apply to: (1) State funds advanced to meet payrolls or to pay current...
- 293.285 Transfers between funds, accounts or appropriations authorized for certain interagency and intergovernmental payments.
(1) Notwithstanding the provisions of ORS 293.275 or any other statute relating to interagency payments, the Oregon Department of Administrative Services may effect interagency payments...
- 293.290 [Formerly 291.444; 1967 c.454 §7; 1987 c.158 §41; repealed by 1999 c.412 §4]
- 293.292 [1971 c.161 §3; 1999 c.1043 §6; repealed by 2007 c.783 §234]
- 293.293 Funds held in trust by court.
(1) Whenever a court is required to hold funds in trust for the benefit of any party, all such funds shall be deposited with the...
- 293.295 When claim against moneys in State Treasury may be paid.
A claim for payment from any moneys in the State Treasury may not be paid unless: (1) The claim is supported by the approval of...
- 293.300 No claim to be paid if disapproved by department; exceptions.
Except for claims based on obligations incurred or expenditures made by the Legislative Assembly and its officers and committees, the courts and their officers and...
- 293.305 [Formerly 291.462; repealed by 1967 c.454 §119]
- 293.306 Forms and procedures for claims, warrants, checks and orders; notice of two-year cancellation.
(1) The Oregon Department of Administrative Services may prescribe forms and procedures consistent with law for claims subject to disapproval by the department under ORS...
- 293.310 [Formerly 291.464; repealed by 1967 c.454 §119]
- 293.311 Requiring information regarding claims.
(1) The Oregon Department of Administrative Services may require any person to answer orally or in writing, under oath or affirmation, as to any facts...
- 293.315 [Formerly 291.466; repealed by 1967 c.454 §119]
- 293.316 Appeal of disputed claim.
Any person aggrieved by the disallowance of a claim for payment of any moneys in the State Treasury, if the claim is subject to disapproval...
- 293.320 [Formerly 291.468; repealed by 1967 c.454 §119]
- 293.321 Limitation on time of presentment of claims.
(1) A person having a claim against the state shall present the claim, with the evidence in support thereof, to the Oregon Department of Administrative...
- 293.325 [Formerly 291.470; repealed by 1967 c.454 §119]
- 293.326 When claim allowed against state as setoff.
In an action or suit brought in behalf of the state, a claim may not be allowed against the state as a setoff unless: (1)...
- 293.330 Designation of officer by state agency to approve disbursements.
All boards, commissions, officers and heads of departments of the state authorized to approve disbursements for indebtedness or expenses may designate the secretary, or some...
- 293.335 Designation of individual by legislative committee to approve disbursements.
A statutory, standing, special or interim committee of the Legislative Assembly or either house thereof may designate one or more individuals to approve disbursements for...
- 293.340 [Formerly 291.474; repealed by 1967 c.454 §119]
- 293.341 References to voucher claims as references to disbursements; filing designations with department.
Notwithstanding any other provision of law: (1) Any reference in any general or specific statute to voucher claims for indebtedness or expenses authorized by any...
- 293.345 [Formerly 291.476; repealed by 1967 c.454 §119]
- 293.346 Drawing warrants.
Warrants shall be drawn in payment of claims for payment from any moneys in the State Treasury. All warrants shall be drawn by the Oregon...
- 293.348 Charging and billing state agencies for expense of drawing and processing warrants.
The Oregon Department of Administrative Services may charge state agencies for the drawing of warrants and processing of receipts and transfers. The amount so charged...
- 293.350 [Formerly 291.478; repealed by 1967 c.454 §119]
- 293.351 [1967 c.454 §21; repealed by 1971 c.80 §8]
- 293.353 Payment for expense of processing banking-related transactions.
(1) As payment for expenses of processing banking-related transactions, the State Treasurer may charge each state agency having such transactions involving the State Treasury. The...
- 293.355 [Formerly 291.480; renumbered 293.375]
- 293.356 [1967 c.454 §22; 1983 c.740 §83; 1993 c.500 §61; repealed by 1993 c.741 §147]
- 293.360 [1967 c.454 §23; repealed by 1971 c.80 §8]
- 293.365 [1967 c.454 §24; repealed by 1971 c.80 §8]
- 293.370 Use of facsimile signatures by department and state agencies.
(1) The Oregon Department of Administrative Services may cause any warrant drawn by it, and any other state agency authorized by law to draw warrants...
- 293.375 Use of facsimile signatures by state officers and employees.
(1) When authorized to use facsimile signatures by the administrative head of any state agency, any person authorized to sign any check, warrant or other...
- 293.405 [Formerly 291.492; repealed by 2003 c.81 §14]
- 293.406 Payment by State Treasurer; effect of issuance of check or warrant or initiation of electronic funds transfer by state officer.
(1) The State Treasurer shall pay on demand all items presented to the State Treasurer for payment if there are appropriate and sufficient funds in...
- 293.410 [Formerly 291.494; repealed by 1967 c.454 §119]
- 293.411 [1967 c.454 §57; repealed by 1999 c.412 §4]
- 293.415 [Formerly 291.496; repealed by 1967 c.454 §119]
- 293.416 [1967 c.454 §58; repealed by 1999 c.412 §4]
- 293.420 [Formerly 291.498; repealed by 1967 c.454 §119]
- 293.425 [Formerly 291.500; 1967 c.454 §59; 1971 c.79 §1; 1977 c.126 §2; repealed by 1993 c.694 §39]
- 293.430 [Formerly 291.502; 1967 c.454 §60; repealed by 1971 c.79 §3]
- 293.435 [Formerly 291.504; 1967 c.454 §61; repealed by 1971 c.79 §3]
- 293.440 [Formerly 291.506; 1967 c.454 §62; 1971 c.79 §2; 1977 c.126 §3; 1983 c.104 §2; repealed by 1993 c.694 §39]
- 293.445 Definition for ORS 293.445 to 293.460; authority to make refunds; moneys held for refund or payment to claimants; deposit; rules; drawing checks.
(1) As used in ORS 293.445 to 293.460, “agency” means any state officer, department, commission or institution. (2) When any agency determines that moneys have...
- 293.447 Establishment of accounts for purposes other than those in ORS 293.445 authorized; rules.
(1) With the consent of and in accordance with rules prescribed by the State Treasurer, agencies may establish accounts with the State Treasurer for purposes...
- 293.450 Report of checks outstanding more than two years.
(1) Before October 1 of each year, the agency that maintains an account pursuant to ORS 293.445 shall prepare a report pursuant to ORS 98.352...
- 293.455 Refusal of payment of unpresented checks; duties of State Treasurer in transferring funds; report to Department of State Lands.
(1) After October 1, the State Treasurer may refuse payment of the unpresented checks or orders included in the report referred to in ORS 293.450....
- 293.460 Recourse of owners of unpaid checks.
The lawful owner of any check or order included in the report referred to in ORS 293.450, not presented to the State Treasurer for payment...
- 293.462 Payment of overdue account charges; rules.
(1) It is the policy of the State of Oregon to pay any overdue account charges incurred by state agencies which do not promptly pay...
- 293.465 Definitions for ORS 293.465 to 293.485; presentation of instrument for payment.
(1) As used in ORS 293.465 to 293.485: (a) “Instrument” means a warrant, check or order issued by the state, or by any board, department,...
- 293.470 Payment on lost, stolen or destroyed instruments; indemnity bonds not required.
(1) An instrument may be paid without presentment if the person claiming to be the lawful owner of the instrument satisfies the officer by whom...
- 293.475 Issuance of duplicate instrument; affidavit of owner, payee or representative.
(1) Upon satisfactory showing by the lawful owner of an instrument of the loss, destruction or theft of the instrument, the proper officer, board, department...
- 293.480 Adoption of uniform procedure for issuing duplicate instruments.
State officers, boards, departments or commissions lawfully issuing instruments upon the State Treasurer may adopt the uniform procedure of issuing and delivering to all parties...
- 293.485 Effect of wrongful payment; liability of officer.
When any instrument is paid, other than as authorized by ORS 293.465 to 293.480, such wrongful payment shall not relieve the political body issuing the...
- 293.490 Payment upon death of person entitled to money from state if estate not in probate.
(1) Except for property described under ORS 98.304 to 98.436, and as otherwise directed by law, upon the death of any person entitled to payment...
- 293.495 Procedure for payment.
(1) Payment authorized by ORS 293.490 may be made only upon receipt by the State Treasurer or other state officer authorized to disburse moneys due...
- 293.500 Probate proceedings unnecessary; accounting to administrator.
It shall not be necessary to institute probate proceedings to establish the right of any of the surviving parties named in ORS 293.490 to collect...
- 293.505 Secretary of State as Auditor of Public Accounts; claim disapproved in performance of constitutional functions not to be paid.
(1) The performance of functions as provided by law by the Oregon Department of Administrative Services or any other state agency in the processing, approval...
- 293.510 Presentment of claims to Secretary of State not required.
Notwithstanding any other provision of law, the presentment of claims for payment from any moneys in the State Treasury to the Secretary of State as...
- 293.515 Withholding salary of state official or employee failing to settle accounts or correct delinquencies or errors in audit reports; notice and hearing; exemptions.
(1) In the discharge of the constitutional duties of Auditor of Public Accounts, the Secretary of State may certify to the Governor the failure of...
- 293.525 Payments to and by state agencies by electronic funds transfers; rules; penalty for failure to comply.
(1) Upon consultation with the State Treasurer’s office, a state agency by rule may: (a) Require that payments to the agency above designated amounts be...
- 293.530 [1999 c.272 §1; renumbered 323.803 in 2003]
- 293.533 [1999 c.272 §2; 2003 c.60 §1; 2003 c.804 §89; renumbered 323.800 in 2003]
- 293.535 [1999 c.272 §3; 2003 c.801 §21; renumbered 323.806 in 2003]
- 293.537 Tobacco Settlement Funds Account; sources; uses; investment.
(1) The Tobacco Settlement Funds Account is established as an account in the General Fund. Except as provided in section 2, chapter 11, Oregon Laws...
- 293.540 Health Care Trust Fund; sources; uses; investment.
(1) There is established in the State Treasury, separate and distinct from the General Fund, the Health Care Trust Fund. The Health Care Trust Fund...
- 293.550 Receipt and disposition generally of federal aid moneys; deposit in special fund.
(1) The Governor may apply for, accept and receive, or authorize any state agency to apply for, accept and receive, financial assistance and grants from...
- 293.555 Receipt and disposition of moneys received from federal government in lieu of ad valorem property taxes.
The State Treasurer shall receive any moneys that may be paid to the state by the United States, or any agency thereof, in lieu of...
- 293.560 Apportionment among counties of moneys received from federal government from forest reserves.
(1) Except for a distribution charge that shall be deducted to meet expenses incurred by the Oregon Department of Administrative Services in administering this section,...
- 293.565 Apportionment among counties of moneys received from federal government under Mineral Lands Leasing Act; Federal Mineral Leases Fund.
(1) Except for a distribution charge that shall be deducted to meet expenses incurred by the Oregon Department of Administrative Services in administering this section,...
- 293.570 Apportionment among counties of moneys received from federal government under federal Flood Control Act; Federal Flood Control Leases Fund.
(1) All funds received from the United States Government by the State of Oregon as its distributive share of the amounts collected under the federal...
- 293.575 Distribution of funds received under the Taylor Grazing Act; Taylor Grazing Fund.
(1) Except for a distribution charge that shall be deducted to meet expenses incurred by the Oregon Department of Administrative Services in administering this section,...
- 293.590 Department to supervise state agency accounting; furnishing accounting services.
(1) The Oregon Department of Administrative Services shall direct and control the accounting for all the fiscal affairs of the state government and agencies thereof,...
- 293.595 Supervision of data processing equipment for accounting system; other uses.
The Oregon Department of Administrative Services shall control and supervise the acquisition, installation and use of all electronic or automatic data processing equipment to be...
- 293.600 Financial and statistical reports by state agencies.
(1) As used in this section, “state agency” means every state officer, board, commission, department, institution, branch or agency of state government whose costs are...
- 293.605 Fiscal year.
(1) The fiscal year of this state shall commence on July 1 and close on June 30 of each year. All the accounts of the...
- 293.610 [Formerly 291.554; repealed by 1967 c.454 §119]
- 293.611 Accounts and records of Secretary of State as Auditor of Public Accounts.
The Secretary of State shall cause to be maintained accounts and records the Secretary of State considers necessary in the performance of constitutional functions as...
- 293.615 [Formerly 291.556; repealed by 1967 c.454 §119]
- 293.616 Accounts and records of State Treasurer.
The State Treasurer shall cause to be maintained accounts and records of all moneys received and disbursed by the State Treasurer. [1967 c.454 §73]
- 293.620 Monthly account of and payment by custodians of state property.
All persons, state institutions, commissions, commissioners, departments, boards, and state officers or agents, handling or having the custody or control of any property belonging to...
- 293.625 Statements to be rendered to Secretary of State.
The Secretary of State shall from time to time require all persons receiving moneys or securities, or having the disposition or management of any property...
- 293.630 Date for closing accounts by persons who must make annual accounts.
All officers and persons required to render annual accounts to the Secretary of State or State Treasurer shall close these accounts on June 30 of...
- 293.635 [Formerly 291.570; repealed by 1967 c.454 §119]
- 293.640 Period covered by biennial reports.
The biennial report of any state officer or agency required to be submitted to the Legislative Assembly or the Governor shall cover the biennial period...
- 293.644 [1967 c.454 §74; repealed by 1975 c.605 §33]
- 293.645 [Formerly 291.574; repealed by 1967 c.454 §119]
- 293.648 [1967 c.454 §75; repealed by 1975 c.605 §33]
- 293.650 [Formerly 291.575; 1967 c.335 §31; repealed by 1967 c.454 §119]
- 293.652 [1967 c.454 §76; 1971 c.267 §3; repealed by 1975 c.605 §33]
- 293.655 [Formerly 291.576; 1993 c.98 §13; repealed by 1995 c.452 §17]
- 293.660 Determining date of filing or receipt of reports, claims, tax returns or remittances.
(1) Any report, tax return, remittance to cover a payment or claim for credit or refund required by law to be filed with or made...
- 293.701 Definitions for ORS 293.701 to 293.820.
As used in ORS 293.701 to 293.820, unless the context requires otherwise: (1) “Council” means the Oregon Investment Council. (2) “Investment funds” means: (a) Public...
- 293.705 [Formerly 291.604; 1965 c.285 §63; 1967 c.399 §1; repealed by 1967 c.335 §60 and 1967 c.399 §4]
- 293.706 Oregon Investment Council; appointment; term; vacancies.
(1) There is created the Oregon Investment Council, consisting of five voting members and one nonvoting member. (2) The Governor shall appoint four voting members,...
- 293.707 [1965 c.359 §9; repealed by 1967 c.335 §60]
- 293.708 Conflicts of interest for council members.
(1) As used in this section: (a) “Business” has the meaning given that term in ORS 244.020. (b) “Business with which the person is associated”...
- 293.710 [Formerly 291.606; repealed by 1967 c.335 §60]
- 293.711 Compensation and expenses of council members; chairperson.
(1) Except as provided in subsection (2) of this section, a member of the Oregon Investment Council is entitled to compensation and expenses as provided...
- 293.713 When compensation of council member as director of business prohibited.
A member of the Oregon Investment Council is prohibited from accepting compensation for service, except per diem and reimbursement for travel expenses, on the board...
- 293.714 Council meetings; recordings; logs.
(1) Notwithstanding ORS 192.650 (1) and (2), full sound recordings shall be made of every meeting of the Oregon Investment Council. The full sound recordings...
- 293.715 [Formerly 291.607; repealed by 1967 c.335 §60]
- 293.716 State Treasurer is investment officer for council; subordinate personnel; bonds.
(1) The State Treasurer is the investment officer for the Oregon Investment Council, and shall perform functions in that capacity as authorized or required by...
- 293.718 Payment of expenses of State Treasurer.
As payment for expenses of the investment officer, the State Treasurer may deduct monthly a maximum of 0.25 basis points of the most recent market...
- 293.720 [Formerly 291.608; repealed by 1967 c.335 §60]
- 293.721 General objective of investments.
Moneys in the investment funds shall be invested and reinvested to achieve the investment objective of the investment funds, which is to make the moneys...
- 293.723 Discrete investment of moneys.
(1) Moneys in a fund established by law may not be discretely invested unless the law establishing the fund specifically indicates that the moneys may...
- 293.726 Standard of judgment and care in investments; investment in corporate stock.
(1) The investment funds shall be invested and the investments of those funds managed as a prudent investor would do, under the circumstances then prevailing...
- 293.731 Council to formulate and review investment policies; exception.
Subject to the objective set forth in ORS 293.721 and the standards set forth in ORS 293.726, the Oregon Investment Council shall formulate policies for...
- 293.733 Venture capital investments; council’s duty.
(1) In making and implementing investment decisions related to venture capital, the Oregon Investment Council and the investment officer have a duty to look first...
- 293.734 Report on venture capital investments.
The Oregon Investment Council shall submit an annual report to the Speaker of the House of Representatives and the President of the Senate detailing the...
- 293.735 [Formerly 291.610; repealed by 1967 c.335 §60]
- 293.736 Duties of investment officer.
(1) Except as provided in ORS 293.741, in amounts available for investment purposes and subject to the policies formulated by the Oregon Investment Council, the...
- 293.740 [Formerly 291.611; repealed by 1967 c.335 §60]
- 293.741 Council may contract with others to perform investment officer functions; compensation; bond.
The Oregon Investment Council may enter into contracts with one or more persons whom the council determines to be qualified, whereby the persons undertake, in...
- 293.745 [Formerly 291.612; repealed by 1967 c.335 §60]
- 293.746 Opinion of bond attorney or Attorney General; investment counseling and mortgage services.
(1) In the acquisition or disposition of bonds with which approving legal opinions ordinarily are furnished, the investment officer may require an original or certified...
- 293.750 [Formerly 291.613; repealed by 1967 c.335 §60]
- 293.751 Custody of title instruments; deposit for safekeeping; form; collection and disposition of principal and interest; default proceedings.
(1) Except as provided in ORS 293.741 and this subsection, all instruments of title of all investments of the investment funds shall remain in the...
- 293.755 [Formerly 291.614; repealed by 1967 c.335 §60]
- 293.756 Separate accounting for funds.
The investment officer shall keep, for each fund included in the investment funds for which investments are made, a separate account, which shall record the...
- 293.760 [Formerly 291.616; repealed by 1967 c.335 §60]
- 293.761 Reports by investment officer with respect to funds.
The investment officer shall report quarterly to the officer or body having control and administration of each fund included in the investment funds the changes...
- 293.765 [Formerly 291.618; repealed by 1967 c.335 §60]
- 293.766 Monthly reports by investment officer to council.
Not later than 15 days after the last day of each month, the investment officer shall submit to the Oregon Investment Council a report of...
- 293.770 [Formerly 291.620; repealed by 1967 c.335 §60]
- 293.771 Reports by council to Governor and legislature.
The Oregon Investment Council shall report to the Governor and Legislative Assembly on the investment funds investment program at each regular session of the Legislative...
- 293.775 [1963 c.520 §3; repealed by 1967 c.335 §60]
- 293.776 Examination and audit of investment program; report.
The Oregon Investment Council shall provide for an examination and audit of the investment funds investment program, and for submission to the council of a...
- 293.778 Investment holding companies; use; directors and officers; effect of conflict of interests.
(1) The investment officer singly, or jointly with other public or institutional investors, may authorize establishment of investment holding companies, which may be corporations, partnerships...
- 293.780 Group annuity contracts with insurers on behalf of Public Employees Retirement System and Board.
The Oregon Investment Council, for and on behalf of the Public Employees Retirement System and Public Employees Retirement Board, may enter into group annuity contracts...
- 293.790 Holding, investing and disposing of corporate stock.
(1) Under authority of section 6, Article XI of the Oregon Constitution, the state, subject to subsection (2) of this section, may hold and dispose...
- 293.796 Findings regarding venture capital for new businesses.
(1) The Legislative Assembly finds that: (a) The availability of venture capital for the start-up and subsequent expansion of new businesses is critical to the...
- 293.802 [1995 c.811 §2; repealed by 1999 c.54 §2]
- 293.805 [1971 c.339 §2; repealed by 1975 c.363 §2]
- 293.810 [1981 c.880 §2; 1991 c.88 §4; 1993 c.18 §60; repealed by 1997 c.129 §4]
- 293.811 Short title.
ORS 293.811 to 293.817 may be cited as the Oregon Human Rights and Anti-Genocide Act of 2005. [2005 c.774 §2]
- 293.812 Definitions.
As used in ORS 293.811 to 293.817: (1) “Company” means any sole proprietorship, organization, firm, association, corporation, utility, partnership, venture, public franchise, franchisor, franchisee or...
- 293.813 Findings.
(1) The people of Oregon condemn the human rights abuses, enslavement and genocide in Sudan and declare these atrocities to be absolutely contrary to the...
- 293.814 Investment in companies doing business in Sudan; divestment and reinvestment.
(1) The Oregon Investment Council and the State Treasurer, in the State Treasurer’s role as investment officer for the council, shall act reasonably and in...
- 293.815 Investigation of companies; notice of withdrawal of investments.
The Oregon Investment Council and the State Treasurer, in the State Treasurer’s role as investment officer for the council, shall make reasonable efforts to investigate...
- 293.816 Exceptions.
ORS 293.814 and 293.815 do not apply to: (1) Investments in companies that are engaged solely in the provision of goods and services intended to...
- 293.817 Report to Legislative Assembly.
On or before January 15 of each year, the State Treasurer shall report to the Legislative Assembly in the manner provided by ORS 192.245 on...
- 293.820 Separate accounts for each local government; report; investment rules.
(1) When the investment officer invests the funds of any county, municipality, school district or other political subdivision of this state, the investment officer shall...
- 293.822 Investment pools authorized.
The Legislative Assembly recognizes that changes in federal arbitrage regulations have imposed substantial additional financial and administrative burdens on state agencies and local governments which...
- 293.824 Investment pool procedures; duties of State Treasurer.
(1) As used in this section: (a) “Council” means the Oregon Investment Council. (b) “Investor” means an entity which deposits proceeds with the State Treasurer...
- 293.830 [1987 c.193 §1; repealed by 1999 c.295 §1]
- 293.835 [1987 c.193 §3; 1991 c.135 §1; 1999 c.59 §77; repealed by 1999 c.295 §1]
- 293.840 [1987 c.193 §2; 1991 c.135 §2; repealed by 1999 c.295 §1]
- 293.845 [1987 c.193 §4; 1991 c.135 §3; repealed by 1999 c.295 §1]
- 293.850 [1987 c.193 §5; 1991 c.135 §4; repealed by 1999 c.295 §1]
- 293.855 [1987 c.193 §6; 1991 c.135 §5; repealed by 1999 c.295 §1]
- 293.860 [1987 c.193 §7; 1991 c.135 §6; repealed by 1999 c.295 §1]
- 293.865 [1987 c.193 §8; 1991 c.135 §7; repealed by 1999 c.295 §1]
- 293.867 [1991 c.135 §9; repealed by 1999 c.295 §1]
- 293.870 [1987 c.193 §10; repealed by 1999 c.295 §1]
- 293.875 State Treasurer as state cash management officer; duties.
(1) The State Treasurer is designated the cash management officer for the state and may review, establish and modify procedures for the efficient handling of...
- 293.880 Accounts and funds established to comply with federal legislation relating to state and federal cash management reform.
The State Treasurer may establish accounts, and the Oregon Department of Administrative Services may establish funds, as needed to comply with the requirements of federal...
- 293.990 Penalties.
(1) Any person, official or state agent violating ORS 293.265 to 293.280 or failing to comply with any of the requirements of those sections within...
Last modified: August 7, 2008